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Tag Archives: economy

Turkmenistan: France ready to strengthen co-operation

TurkmenistanBy admin2017-11-07Leave a comment

France hopes that it will continue to strengthen cooperation in all spheres with Turkmenistan, French President Emmanuel Macron said in a letter to his Turkmen counterpart Gurbanguly Berdimuhamedov. The French president in his letter welcomed continuous development of partnership strategy with Turkmenistan over the past 25 years. In addition, the letter said that France would…

Turkmenistan: draft laws to protect inventions and industrial designs approved

UkraineBy admin2017-11-07Leave a comment

Draft laws on legal protection of inventions and on legal protection of industrial designs were approved and adopted at the 24th session of the Turkmen parliament, said the Turkmen government in a message. A set of measures are planned for the formation of the national intellectual property system and bringing it to the international level,…

Belarus: key interest rate to be reduced to 10% per annum in 2018

BelarusBy admin2017-11-06Leave a comment

The central bank intends to reduce the refinancing rate to 10% per annum in 2018, Chairman of the Board of the National Bank of the Republic of Belarus (NBRB) Pavel Kallaur said on the sidelines of the KEF 2017 conference Foundations of the Future on November 2. The National Bank’s draft monetary management policy for…

Estonia: business environment ranks 12th in world

EstoniaBy admin2017-11-02Leave a comment

Estonia retained its position as 12th among 190 countries in the latest edition of the World Bank’s Doing Business rankings published on October 31. “As Minister of Finance, I am pleased to see that the World Bank has deemed Estonia to deserve 14th place in ease of paying taxes – this is definitely recognition for…

Turkmenistan assessing fresh water resources in Aral Sea region

TurkmenistanBy admin2017-11-02Leave a comment

Specialists of the Dashoguz hydrogeological expedition are conducting on-site exploration and evaluation of fresh groundwater reserves. The work is carried out to establish the level of provision of the Dashoguz district with fresh water resources in order to meet the needs of fast growing population in high quality drinking water. In 2017 Turkmenistan chairs the…

Kyrgyzstan: budget expenditures to increase in 2017

KyrgyzstanBy admin2017-11-01Leave a comment

The government of Kyrgyzstan amended the republican budget for 2017. The real growth of the gross domestic product (GDP) in 2017 is expected at 3.5% compared to the approved 2.9%. The volume of state budget revenues, including public investment grants, is projected at 156,056.5 billion soms, or 31.6% of GDP. The total amount of state…

Estonia: Tartu to raise EUR 13.5 million in private placement

EstoniaBy admin2017-10-31Leave a comment

The city of Tartu, Estonia’s second largest, is set to place bonds worth EUR 13.5 million with LHV and Nordic Investment Bank (NIB) to raise money for its 2017 financing needs. LHV pension funds are buying bonds for EUR 5.5 million and NIB for EUR 8 million, Tartu city government announced. The funds raised will…

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